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.kb-table-of-contents-title{flex-grow:1}.kb-table-of-content-nav.kb-toc-toggle-hidden .kb-table-of-content-wrap .kb-table-of-content-list{height:0!important;padding:0!important;margin:0!important;overflow:hidden}.kt-accordion-wrap .kt-accordion-header-wrap{margin:0;padding:0}.kt-blocks-accordion-header{align-content:space-between;align-items:center;background-color:var(--global-palette8,#f2f2f2);border:0 solid transparent;border-radius:0;color:var(--global-palette5,#555);display:flex;font-size:18px;padding:10px 14px;position:relative;line-height:24px;text-align:left;text-transform:none;transition:all ease-in-out .2s;width:100%;box-shadow:none;text-shadow:none}.kt-blocks-accordion-header .kt-blocks-accordion-title{word-wrap:break-word;white-space:normal}.kt-blocks-accordion-header .kb-svg-icon-wrap svg{width:1em;height:1em}.kt-blocks-accordion-header:focus{box-shadow:none;text-shadow:none}.kt-blocks-accordion-header:hover{background-color:var(--global-palette7,#eee);color:var(--global-palette5,#444);box-shadow:none;text-shadow:none}.kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:after,.kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:before{background-color:currentColor}.kt-blocks-accordion-header.kt-accordion-panel-active{background-color:var(--global-palette5,#444);color:#fff}.kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:after,.kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:before{background-color:currentColor}.kt-blocks-accordion-title-wrap{display:flex;padding-right:10px}.kt-accordion-panel-inner:after{clear:both;display:table;content:""}.kt-blocks-accordion-icon-trigger{display:block;height:24px;margin-left:auto;position:relative;transition:all ease-in-out .2s;width:24px;min-width:24px;box-sizing:content-box}.kt-blocks-accordion-icon-trigger:after,.kt-blocks-accordion-icon-trigger:before{background-color:var(--global-palette5,#444)}.kt-accodion-icon-style-arrow .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:before{transform:rotate(-45deg)}.kt-accodion-icon-style-arrow .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:after{transform:rotate(45deg)}.kt-accodion-icon-style-arrow .kt-blocks-accordion-icon-trigger:after,.kt-accodion-icon-style-arrow .kt-blocks-accordion-icon-trigger:before{content:"";height:2px;position:absolute;top:11px;transition:all ease-in-out .1333333333s;width:12px}.kt-accodion-icon-style-arrow .kt-blocks-accordion-icon-trigger:before{left:2px;transform:rotate(45deg);transform-origin:50%}.kt-accodion-icon-style-arrow .kt-blocks-accordion-icon-trigger:after{transform:rotate(-45deg);right:2px;transform-origin:50%}.kt-accordion-inner-wrap .wp-block-kadence-pane>.kt-accordion-header-wrap{margin-top:0}.kt-accordion-inner-wrap{column-gap:var(--global-kb-gap-md,2rem);display:flex;flex-direction:column;row-gap:8px}.kt-accordion-panel-inner{padding:20px;border:1px solid var(--global-palette7,#eee);border-top-width:0}.kt-accordion-panel{display:block}.kt-accordion-panel.kt-accordion-panel-hidden{max-height:0!important;overflow:hidden;display:none}.kt-accordion-initialized .kt-panel-is-collapsing,.kt-accordion-initialized .kt-panel-is-expanding{transition:height .45s ease;position:relative;height:0;overflow:hidden}.rtl .kt-blocks-accordion-icon-trigger{margin-left:0;margin-right:auto}.rtl .kt-blocks-accordion-title-wrap{padding-left:10px;padding-right:0}.kt-accordion-idde7524-2c .kt-accordion-inner-wrap{column-gap:var(--global-kb-gap-md,2rem);row-gap:10px}.kt-accordion-idde7524-2c .kt-accordion-panel-inner{border-top:0 solid transparent;border-right:1px solid transparent;border-bottom:1px solid transparent;border-left:1px solid transparent;background:#fff;padding-top:var(--global-kb-spacing-sm,1.5rem);padding-right:var(--global-kb-spacing-sm,1.5rem);padding-bottom:var(--global-kb-spacing-sm,1.5rem);padding-left:var(--global-kb-spacing-sm,1.5rem)}.kt-accordion-idde7524-2c .wp-block-kadence-pane .kt-accordion-header-wrap .kt-blocks-accordion-header{border-top:1px solid #eee;border-right:1px solid #eee;border-bottom:1px solid #eee;border-left:2px solid #eee;border-top-left-radius:0;border-top-right-radius:0;border-bottom-right-radius:0;border-bottom-left-radius:0;background:#fff;color:#444;padding-top:14px;padding-right:16px;padding-bottom:14px;padding-left:16px}.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-icon-trigger:after,.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-icon-trigger:before{background:#444}.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-icon-trigger{background:#444}.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-icon-trigger:after,.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-icon-trigger:before{background:#fff}.kt-accordion-idde7524-2c .kt-accordion-header-wrap .kt-blocks-accordion-header:hover,body:not(.hide-focus-outline) .kt-accordion-idde7524-2c .kt-accordion-header-wrap .kt-blocks-accordion-header:focus{color:#444;background:#fff;border-top-color:#d4d4d4;border-top-style:solid;border-right-color:#d4d4d4;border-right-style:solid;border-bottom-color:#d4d4d4;border-bottom-style:solid;border-left-color:#d4d4d4;border-left-style:solid}.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:after,.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:before,body:not(.hide-focus-outline) .kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header:focus .kt-blocks-accordion-icon-trigger:after,body:not(.hide-focus-outline) .kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header:focus .kt-blocks-accordion-icon-trigger:before{background:#444}.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger,body:not(.hide-focus-outline) .kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header:focus .kt-blocks-accordion-icon-trigger{background:#444}.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:after,.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:before,body:not(.hide-focus-outline) .kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header:focus .kt-blocks-accordion-icon-trigger:after,body:not(.hide-focus-outline) .kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header:focus .kt-blocks-accordion-icon-trigger:before{background:#fff}.kt-accordion-idde7524-2c .kt-accordion-header-wrap .kt-blocks-accordion-header.kt-accordion-panel-active{color:#444;background:#fff;border-top-color:#eee;border-top-style:solid;border-right-color:#eee;border-right-style:solid;border-bottom-color:#eee;border-bottom-style:solid;border-left-color:#0e9cd1;border-left-style:solid}.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:after,.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:before{background:#444}.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger{background:#444}.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:after,.kt-accordion-idde7524-2c:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:before{background:#fff}@media all and (max-width:1024px){.kt-accordion-idde7524-2c .kt-accordion-panel-inner{border-top:0 solid transparent;border-right:1px solid transparent;border-bottom:1px solid transparent;border-left:1px solid transparent}.kt-accordion-idde7524-2c .wp-block-kadence-pane .kt-accordion-header-wrap .kt-blocks-accordion-header{border-top:1px solid #eee;border-right:1px solid #eee;border-bottom:1px solid #eee;border-left:2px solid #eee}.kt-accordion-idde7524-2c .kt-accordion-header-wrap .kt-blocks-accordion-header:hover,body:not(.hide-focus-outline) .kt-accordion-idde7524-2c .kt-accordion-header-wrap .kt-blocks-accordion-header:focus{border-top-color:#d4d4d4;border-top-style:solid;border-right-color:#d4d4d4;border-right-style:solid;border-bottom-color:#d4d4d4;border-bottom-style:solid;border-left-color:#d4d4d4;border-left-style:solid}.kt-accordion-idde7524-2c .kt-accordion-header-wrap .kt-blocks-accordion-header.kt-accordion-panel-active{border-top-color:#eee;border-top-style:solid;border-right-color:#eee;border-right-style:solid;border-bottom-color:#eee;border-bottom-style:solid;border-left-color:#0e9cd1;border-left-style:solid}}@media all and (max-width:767px){:root{--global-content-boxed-padding:1.5rem}.kt-accordion-idde7524-2c .kt-accordion-inner-wrap{display:block}.kt-accordion-idde7524-2c .kt-accordion-inner-wrap .kt-accordion-pane:not(:first-child){margin-top:10px}.kt-accordion-idde7524-2c .kt-accordion-panel-inner{border-top:0 solid transparent;border-right:1px solid transparent;border-bottom:1px solid transparent;border-left:1px solid transparent}.kt-accordion-idde7524-2c .wp-block-kadence-pane .kt-accordion-header-wrap .kt-blocks-accordion-header{border-top:1px solid #eee;border-right:1px solid #eee;border-bottom:1px solid #eee;border-left:2px solid #eee}.kt-accordion-idde7524-2c .kt-accordion-header-wrap .kt-blocks-accordion-header:hover,body:not(.hide-focus-outline) .kt-accordion-idde7524-2c .kt-accordion-header-wrap .kt-blocks-accordion-header:focus{border-top-color:#d4d4d4;border-top-style:solid;border-right-color:#d4d4d4;border-right-style:solid;border-bottom-color:#d4d4d4;border-bottom-style:solid;border-left-color:#d4d4d4;border-left-style:solid}.kt-accordion-idde7524-2c .kt-accordion-header-wrap .kt-blocks-accordion-header.kt-accordion-panel-active{border-top-color:#eee;border-top-style:solid;border-right-color:#eee;border-right-style:solid;border-bottom-color:#eee;border-bottom-style:solid;border-left-color:#0e9cd1;border-left-style:solid}}.kb-table-of-content-nav.kb-table-of-content-iddb4276-35 .kb-table-of-content-wrap{padding-top:var(--global-kb-spacing-sm,1.5rem);padding-right:var(--global-kb-spacing-sm,1.5rem);padding-bottom:var(--global-kb-spacing-sm,1.5rem);padding-left:var(--global-kb-spacing-sm,1.5rem)}.kb-table-of-content-nav.kb-table-of-content-iddb4276-35 .kb-table-of-contents-title-wrap{padding-top:0;padding-right:0;padding-bottom:0;padding-left:0}.kb-table-of-content-nav.kb-table-of-content-iddb4276-35 .kb-table-of-contents-title{font-weight:regular;font-style:normal}.kb-table-of-content-nav.kb-table-of-content-iddb4276-35 .kb-table-of-content-wrap .kb-table-of-content-list{font-weight:regular;font-style:normal;margin-top:var(--global-kb-spacing-sm,1.5rem);margin-right:0;margin-bottom:0;margin-left:0}.kt-accordion-idblock-40_d39fc4-c1 .kt-accordion-inner-wrap{column-gap:var(--global-kb-gap-md,2rem);row-gap:10px}.kt-accordion-idblock-40_d39fc4-c1 .kt-accordion-panel-inner{border-top:0 solid transparent;border-right:1px solid transparent;border-bottom:1px solid transparent;border-left:1px solid transparent;background:#fff;padding-top:var(--global-kb-spacing-sm,1.5rem);padding-right:var(--global-kb-spacing-sm,1.5rem);padding-bottom:var(--global-kb-spacing-sm,1.5rem);padding-left:var(--global-kb-spacing-sm,1.5rem)}.kt-accordion-idblock-40_d39fc4-c1 .wp-block-kadence-pane .kt-accordion-header-wrap .kt-blocks-accordion-header{border-top:1px solid #eee;border-right:1px solid #eee;border-bottom:1px solid #eee;border-left:2px solid #eee;border-top-left-radius:0;border-top-right-radius:0;border-bottom-right-radius:0;border-bottom-left-radius:0;background:#fff;color:#444;padding-top:14px;padding-right:16px;padding-bottom:14px;padding-left:16px}.kt-accordion-idblock-40_d39fc4-c1:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-icon-trigger:after,.kt-accordion-idblock-40_d39fc4-c1:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-icon-trigger:before{background:#444}.kt-accordion-idblock-40_d39fc4-c1:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-icon-trigger{background:#444}.kt-accordion-idblock-40_d39fc4-c1:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-icon-trigger:after,.kt-accordion-idblock-40_d39fc4-c1:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-icon-trigger:before{background:#fff}.kt-accordion-idblock-40_d39fc4-c1 .kt-accordion-header-wrap .kt-blocks-accordion-header:hover,body:not(.hide-focus-outline) .kt-accordion-idblock-40_d39fc4-c1 .kt-accordion-header-wrap .kt-blocks-accordion-header:focus{color:#444;background:#fff;border-top-color:#d4d4d4;border-top-style:solid;border-right-color:#d4d4d4;border-right-style:solid;border-bottom-color:#d4d4d4;border-bottom-style:solid;border-left-color:#d4d4d4;border-left-style:solid}.kt-accordion-idblock-40_d39fc4-c1:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:after,.kt-accordion-idblock-40_d39fc4-c1:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:before,body:not(.hide-focus-outline) .kt-accordion-idblock-40_d39fc4-c1:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header:focus .kt-blocks-accordion-icon-trigger:after,body:not(.hide-focus-outline) .kt-accordion-idblock-40_d39fc4-c1:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header:focus .kt-blocks-accordion-icon-trigger:before{background:#444}.kt-accordion-idblock-40_d39fc4-c1:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger,body:not(.hide-focus-outline) 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class="row "> <div class="custom-breadcrumbs"> <p><a href="https://socialcapitalmarkets.net/">Home</a> > <a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/" title="11 Best Crypto Futures Trading Platforms of 2024">11 Best Crypto Futures Trading Platforms of 2024</a> > 11 Best Crypto Futures Trading Platforms of 2024 </p> <p data-bs-toggle="modal" data-bs-target="#disclosuremodal">Advertiser Disclosure</p> </div> <h1>Phemex Review 2024: Fees, Security Features & More </h1> <div class="scm-header-written"> <div class="Written-by-name"> <span classs="Written-by-name-popup"> <p class="Written-list-name"> Written by <a>Sudhir Khatwani</a> </p> <section class="component-wrapper"> <div class="writer-wrapper"> <div class="writer"> <div class="name-wrapper"> <p class="wr-name-p">Written by:</p> <div class="inner-name-wrapper"> <p class="wr-pfont">Sudhir Khatwani</p> <p></p> </div> </div> <a href="https://socialcapitalmarkets.net/author/sudhir/" class="icon-wrapper"><svg width="12" height="10" viewBox="0 0 12 10" fill="none" xmlns="http://www.w3.org/2000/svg"> <path fill-rule="evenodd" clip-rule="evenodd" d="M6.21967 0.209209C6.51256 -0.0697365 6.98744 -0.0697365 7.28033 0.209209L11.7803 4.49492C12.0732 4.77387 12.0732 5.22613 11.7803 5.50508L7.28033 9.79079C6.98744 10.0697 6.51256 10.0697 6.21967 9.79079C5.92678 9.51184 5.92678 9.05958 6.21967 8.78064L9.43934 5.71429L0.750001 5.71429C0.335787 5.71429 0 5.39449 0 5C0 4.60551 0.335787 4.28571 0.750001 4.28571H9.43934L6.21967 1.21936C5.92678 0.940416 5.92678 0.488155 6.21967 0.209209Z" fill="white" /> </svg></a> </div> <div class="writer-content"> <p>Sudhir Khatwani holds a bachelor's degree from Vellore Institute of Technology and has made significant contributions as a Programmer Analyst at Cognizant, where he worked on critical projects for leading financial institutions like MUFG and CITI Bank. His technical expertise and analytical skills have been instrumental in delivering high-impact solutions within the financial sector. His expertise in digital assets and blockchain technology was further honed through his previous role as a content strategist for the prominent cryptocurrency exchange, CoinSwitch.</p> <div class="social-media-icon"> <a href="https://twitter.com/sudhirkhatwani?lang=en" target="_blank"><img width="20" height="20" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%2020%2020'%3E%3C/svg%3E" alt="twitter" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/04/twitter.png"><noscript><img width="20" height="20" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/04/twitter.png" alt="twitter"></noscript></a> <a href="https://www.linkedin.com/in/sudhir-khatwani/?originalSubdomain=in" target="_blank"><img width="18" height="17" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%2018%2017'%3E%3C/svg%3E" alt="linkedin" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/04/linkedin.png"><noscript><img width="18" height="17" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/04/linkedin.png" alt="linkedin"></noscript></a> </div> </div> </div> </section> </span> </div> <div class="Written-by-name"> <p class="expert-reviewed-tag"><a> <img width="60" height="60" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/04/Frame-20.svg"> Expert reviewed</a> </p> <section class="component-wrapper"> <div class="writer-wrapper"> <div class="writer-content no-spacing-wrapper pt-0 border-0"> <p><p class="expert-rev">Expert Reviewed</p> <p>This article has been reviewed by crypto market experts at SCM to ensure all the content, sources, and claims adhere to the highest standards of accuracy and reliability.</p> </p> </div> </div> </section> </div> </div> <div class="Written-by-name"> <p class="Last-Updated-tag"><img width="14" height="14" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/04/clock.svg">Last Updated on November 10, 2024 </p> </div> </div> </div> </div> <div class="scm-detiles-page"> <div class="container"> <div class="row "> <div class="col-md-8"> <div class="scm-detials-col"> <div class="mobile_toc"> <li id="block-53" class="widget widget_block"> <style></style> <div class="wp-block-kadence-accordion alignnone"><div class="kt-accordion-wrap kt-accordion-idde7524-2c kt-accordion-has-2-panes kt-active-pane-0 kt-accordion-block kt-pane-header-alignment-left kt-accodion-icon-style-arrow kt-accodion-icon-side-right" style="max-width:none"><div class="kt-accordion-inner-wrap" data-allow-multiple-open="false" data-start-open="none"> <div class="wp-block-kadence-pane kt-accordion-pane kt-accordion-pane-1 kt-pane048bf8-e7 toc-mobile"><div class="kt-accordion-header-wrap"><button class="kt-blocks-accordion-header kt-acccordion-button-label-show"><span class="kt-blocks-accordion-title-wrap"><span class="kt-blocks-accordion-title">Table of Contents</span></span><span class="kt-blocks-accordion-icon-trigger"></span></button></div><div class="kt-accordion-panel kt-accordion-panel-hidden"><div class="kt-accordion-panel-inner"><style></style><nav class="wp-block-kadence-tableofcontents kb-table-of-content-nav kb-table-of-content-iddb4276-35" role="navigation" aria-label="Table of Contents"><div class="kb-table-of-content-wrap"><div class="kb-table-of-contents-title-wrap kb-toggle-icon-style-arrow"><span class="kb-table-of-contents-title">Table of Contents</span></div><ul class="kb-table-of-content-list kb-table-of-content-list-columns-1 kb-table-of-content-list-style-disc kb-table-of-content-link-style-underline"><li><a class="kb-table-of-contents__entry" href="#product-offerings-what-is-phemex-exchange-all-about">Product Offerings: What Is Phemex Exchange All About?</a><ul class="kb-table-of-contents-list-sub"><li><a class="kb-table-of-contents__entry" href="#phemex-supported-coin-list">Phemex Supported Coin List</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-order-types">Phemex Order Types</a></li><li><a class="kb-table-of-contents__entry" href="#phemexs-liquidation-mechanism">Phemex's Liquidation Mechanism</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-trading-fees">Phemex Trading Fees</a><ul class="kb-table-of-contents-list-sub"><li><a class="kb-table-of-contents__entry" href="#fee-structure-overview">Fee Structure Overview</a></li></ul></li><li><a class="kb-table-of-contents__entry" href="#phemex-funding-ratesfees">Phemex Funding Rates/Fees</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-deposit--withdrawal-fees">Phemex Deposit & Withdrawal Fees</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-account-types--phemex-kyc-tiers--limits">Phemex Account Types & Phemex KYC Tiers & Limits</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-trading-platform--tools">Phemex Trading Platform & Tools</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-security-features">Phemex Security Features</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-insurance-fund">Phemex Insurance Fund</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-deposit-methods">Phemex Deposit Methods</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-customer-support">Phemex Customer Support</a></li><li><a class="kb-table-of-contents__entry" href="#is-phemex-a-legal--safe-platform">Is Phemex a Legal & Safe Platform?</a></li><li><a class="kb-table-of-contents__entry" href="#conclusion">Conclusion</a></li></ul></li></ul></div></nav></div></div></div> </div></div></div> </li> </div> <p style="text-align: justify;">Phemex stands out among cryptocurrency exchanges with its zero-fee trading for premium members and high-leverage options.</p> <p> </p> <p style="text-align: justify;">Founded in 2023 by former Wall Street traders and engineers, Phemex offers crypto enthusiasts a fast, user-friendly platform.</p> <p> </p> <p style="text-align: justify;">The platform provides a range of trading features, including spot and contract trading and leveraged positions on various digital assets.</p> <p> </p> <p style="text-align: justify;">Phemex caters to beginners and professionals, emphasizing low fees and robust security.</p> <p> </p> <p style="text-align: justify;">In addition to trading, Phemex offers passive income opportunities through savings accounts and yield farming. While available in over 100 countries, Phemex is inaccessible in the U.S. due to regulatory restrictions. Plus, you can use <a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/phemex-review/invitation-code/">Phemex invitation code</a> to get exciting sign-up bonus.</p> <div class="wptb-table-container wptb-table-7903"><div class="wptb-table-container-matrix" id="wptb-table-id-7903" data-wptb-version="1.6.3" data-wptb-pro-status="false"><table class="wptb-preview-table wptb-element-main-table_setting-7903" style="border-spacing: 3px 3px; border: 2px solid rgb(20, 20, 20); " data-reconstraction="1" data-wptb-responsive-directives="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" data-wptb-cells-width-auto-count="2" data-wptb-table-container-max-width="700" data-wptb-horizontal-scroll-status="false" data-wptb-extra-styles="LyogRW50ZXIgeW91ciBjdXN0b20gQ1NTIHJ1bGVzIGhlcmUgKi8=" data-wptb-pro-pagination-top-row-header="false" data-wptb-rows-per-page="10" data-wptb-pro-search-top-row-header="false" data-wptb-searchbar-position="left" role="table" data-table-columns="2" data-wptb-table-alignment="center" data-wptb-td-width-auto="120" data-wptb-table-tds-sum-max-width="304" data-wptb-header-background-color="#FFFFFFFF"><tbody data-global-font-color="#000000" data-global-link-color="#000000" data-global-font-size="15"><tr class="wptb-row " style="background-color: rgb(255, 255, 255); "><td class="wptb-cell " style="border: 1px none rgb(20, 20, 20); " data-y-index="0" data-x-index="0" data-wptb-css-td-auto-width="true" data-wptb-cell-vertical-alignment="center"><div class="wptb-text-container wptb-ph-element wptb-element-text-597" style="color: rgb(221, 51, 51); font-size: 25px; "><div style="position: relative;"><p style="text-align: center" data-mce-style="text-align: center;"><strong>Our 2024's Recommendation<br></strong></p></div></div><div class="wptb-image-container wptb-ph-element wptb-element-image-1" data-wptb-image-alignment: center data-wptb-image-size-relative: container style=""><div class="wptb-image-wrapper"><a href="https://socialcapitalmarkets.net/recommends/phemex/" rel="nofollow" class="wptb-link-target" style="float: none; width: 100%; "><img fetchpriority="high" decoding="async" class="wptb-image-element-target" height="567" width="1081" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange.webp" style="width: 100%"></a></div></div><div class="wptb-star_rating-container wptb-ph-element wptb-element-star_rating-1" data-star-count="5" style=""><div class="wptb-rating-stars-box"><ul class="wptb-rating-stars-list"><li style="width: ; 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fill: ;" xml:space="preserve"><path d="M426.667,165.12L273.28,151.893L213.333,10.667l-59.947,141.44L0,165.12l116.48,100.907L81.493,416l131.84-79.573L345.173,416L310.4,266.027L426.667,165.12z M213.333,296.533L133.12,344.96l21.333-91.307l-70.827-61.44l93.44-8.107l36.267-85.973l36.48,86.187l93.44,8.107l-70.827,61.44l21.333,91.307L213.333,296.533z"></path></svg></span><span class="wptb-half-filled-rating-star"><svg version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewbox="0 0 426.667 426.667" style="enable-background: new 0 0 426.667 426.667; fill: ;" xml:space="preserve"><path d="M426.667,165.12L273.28,151.893L213.333,10.667l-59.947,141.44L0,165.12l116.48,100.907L81.493,416l131.84-79.573L345.173,416L310.4,266.027L426.667,165.12z M213.333,296.533v-198.4l36.48,86.187l93.44,8.107l-70.827,61.44l21.333,91.307L213.333,296.533z"></path></svg></span><span class="wptb-rating-star-right-signal-part"></span></li><li style="width: ; height: " data-value="3" class="wptb-rating-star wptb-rating-star-selected-full"><span class="wptb-rating-star-left-signal-part"></span><span class="wptb-filled-rating-star"><svg version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewbox="0 0 426.667 426.667" style="enable-background: new 0 0 426.667 426.667; 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fill: ;" xml:space="preserve"><path d="M426.667,165.12L273.28,151.893L213.333,10.667l-59.947,141.44L0,165.12l116.48,100.907L81.493,416l131.84-79.573L345.173,416L310.4,266.027L426.667,165.12z M213.333,296.533v-198.4l36.48,86.187l93.44,8.107l-70.827,61.44l21.333,91.307L213.333,296.533z"></path></svg></span><span class="wptb-rating-star-right-signal-part"></span></li></ul><div class="wptb-number-rating-box" style="display: none"><div class="wptb-number-rating" style="font-size: 25px; line-height: 25px; height: 25px; ">5/5</div></div></div></div></td><td class="wptb-cell " style="border: 1px none rgb(20, 20, 20); " data-y-index="0" data-x-index="1" data-wptb-css-td-auto-width="true" data-wptb-cell-vertical-alignment="center"><div class="wptb-list-container wptb-ph-element wptb-element-list-1" style=""><ul><li class="wptb-in-element" style="margin-bottom: 5px; "><div class="wptb-list-item-content" style="position: relative"><p data-list-style-type-index="1." style="color: rgb(74, 85, 104); font-size: 16px; text-align: left; " class="wptb-list-style-type-square">Upto <strong>100x</strong> Leverage for BTC</p></div><div class="wptb-m-tooltip" style=""></div></li><li class="wptb-in-element" style="margin-bottom: 5px; "><div class="wptb-list-item-content" style="position: relative"><p data-list-style-type-index="2." style="color: rgb(74, 85, 104); font-size: 16px; text-align: left; " class="wptb-list-style-type-square">Provides <strong>BTC and USD settling</strong></p></div><div class="wptb-m-tooltip" style=""></div></li><li class="wptb-in-element" style="margin-bottom: 5px; "><div class="wptb-list-item-content" style="position: relative"><p data-list-style-type-index="3." style="color: rgb(74, 85, 104); font-size: 16px; text-align: left; " class="wptb-list-style-type-square"><strong>Taker：</strong>0.075% <strong>Maker：</strong>-0.025%</p></div><div class="wptb-m-tooltip" style=""></div></li><li class="wptb-in-element" style="margin-bottom: 5px; "><div class="wptb-list-item-content" style="position: relative"><p data-list-style-type-index="4." style="color: rgb(74, 85, 104); font-size: 16px; text-align: left; " class="wptb-list-style-type-square">Support <strong>orders & positions </strong></p></div><div class="wptb-m-tooltip" style=""></div></li></ul></div><div class="wptb-button-container wptb-ph-element wptb-element-button-1 edit-active" style=""><div class="wptb-button-wrapper wptb-size-xl" style="justify-content: center"><a class="wptb-link-target" id="" style="width: 100%;" href="https://socialcapitalmarkets.net/recommends/phemex/" target="_blank" rel="nofollow"><div class="wptb-button wptb-plugin-button-order-left" style="position: relative;border-radius: 5px; background-color: #d02321; color: rgb(255, 255, 255); justify-content: center; " data-wptb-element-bg-color="#d02321" data-wptb-element-color="rgb(255, 255, 255)" data-wptb-element-hover-bg-color="#c00102" data-wptb-element-hover-text-color="null" data-wptb-element-hover-scale="1.1"><p style="font-size: 15px; margin-inline: auto !important;"><strong>Claim Your $8,800 Bonus</strong></p><div class="wptb-button-icon" data-wptb-button-icon-src="" data-wptb-element-hover-bg-color="#c00102" data-wptb-element-hover-text-color="null" data-wptb-element-hover-scale="1.1" style="width: 25px; height: 25px"></div><div class="wptb-button-label" style="display: none; " data-wptb-element-hover-bg-color="#c00102" data-wptb-element-hover-text-color="null" data-wptb-element-hover-scale="1.1"><div class="wptb-button-label-decorator" data-wptb-element-hover-bg-color="#c00102" data-wptb-element-hover-text-color="null" data-wptb-element-hover-scale="1.1" style="border-color: rgba(0, 0, 0, 0) #ffffff rgba(0, 0, 0, 0) rgba(0, 0, 0, 0);"><br></div><div class="wptb-button-label-text" data-wptb-element-hover-bg-color="#c00102" data-wptb-element-hover-text-color="null" data-wptb-element-hover-scale="1.1"><br></div></div></div></a></div></div></td></tr></tbody></table></div></div> <h2 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Product_Offerings_What_Is_Phemex_Exchange_All_About"></span>Product Offerings: What Is Phemex Exchange All About?<span class="ez-toc-section-end"></span></h2> <p> </p> <figure class="wp-block-image aligncenter size-large" style="text-align: justify;"><img decoding="async" width="1024" height="537" class="wp-image-2874" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20537'%3E%3C/svg%3E" alt="phemex exchange" data-lazy-srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange-1024x537.webp 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange-300x157.webp 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange-768x403.webp 768w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange.webp 1081w" data-lazy-sizes="(max-width: 1024px) 100vw, 1024px" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange-1024x537.webp" /><noscript><img decoding="async" width="1024" height="537" class="wp-image-2874" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange-1024x537.webp" alt="phemex exchange" srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange-1024x537.webp 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange-300x157.webp 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange-768x403.webp 768w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange.webp 1081w" sizes="(max-width: 1024px) 100vw, 1024px" /></noscript></figure> <p> </p> <p style="text-align: justify;">Phemex provides a comprehensive suite of trading options to cater to various trading needs. Below are the primary products offered by Phemex:</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Spot Trading</strong>聽allows you to buy or sell assets at the current market price. This type of trading does not involve leverage or an expiration date.</li> <li><strong>Contract Trading- </strong>In contract trading, you agree to buy or sell an asset at a predetermined price in the future. Leverage is available for contract trading, enabling potential higher returns. These contracts come with an expiration date.</li> <li><strong>Leveraged Trading-</strong>Leveraged trading enables using borrowed funds to amplify your potential returns or losses. Phemex offers leverage up to 100 times the initial investment amount.</li> <li><strong>Savings Account</strong>: You can earn interest on your idle funds by depositing them into a Phemex savings account.</li> <li><strong>Yield Farming</strong>: This product lets you stake your tokens and earn rewards from various DeFi protocols.</li> </ul> <p> </p> <p style="text-align: justify;">Each product is designed to provide you with different levels of risk and reward, helping you tailor your trading strategy to your specific needs and goals.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Supported_Coin_List"></span>Phemex Supported Coin List<span class="ez-toc-section-end"></span></h3> <p> </p> <figure class="wp-block-image aligncenter size-large" style="text-align: justify;"><img decoding="async" width="1024" height="433" class="wp-image-2744" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20433'%3E%3C/svg%3E" alt="phemex supported coins" data-lazy-srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-supported-coins-1024x433.webp 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-supported-coins-300x127.webp 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-supported-coins-768x324.webp 768w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-supported-coins.webp 1392w" data-lazy-sizes="(max-width: 1024px) 100vw, 1024px" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-supported-coins-1024x433.webp" /><noscript><img decoding="async" width="1024" height="433" class="wp-image-2744" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-supported-coins-1024x433.webp" alt="phemex supported coins" srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-supported-coins-1024x433.webp 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-supported-coins-300x127.webp 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-supported-coins-768x324.webp 768w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-supported-coins.webp 1392w" sizes="(max-width: 1024px) 100vw, 1024px" /></noscript></figure> <p> </p> <p style="text-align: justify;">Phemex supports a wide range of cryptocurrencies across different trading types. You can access over 50 cryptocurrencies for spot trading, ensuring you have plenty of options to diversify your portfolio. Some of the critical coins available include:</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Bitcoin (BTC)</strong></li> <li><strong>Ethereum (ETH)</strong></li> <li><strong>Ripple (XRP)</strong></li> <li><strong>ChainLink (LINK)</strong></li> <li><strong>Tether (USDT)</strong></li> </ul> <p> </p> <p style="text-align: justify;">You can also trade more than 20 cryptocurrencies on contract trading. This allows you to speculate on the price movement of various cryptos without actually owning them. Key coins under contract trading include:</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Bitcoin (BTC)</strong></li> <li><strong>Ethereum (ETH)</strong></li> <li><strong>Ripple (XRP)</strong></li> <li><strong>ChainLink (LINK)</strong></li> <li><strong>Tether (USDT)</strong></li> </ul> <p> </p> <p style="text-align: justify;"><a href="https://socialcapitalmarkets.net/crypto-trading/leverage/how-to/leverage-trade-on-phemex/">Phemex offers leverage</a> on over ten cryptocurrencies for those interested in leveraged trading. Leverage can amplify your gains, but it also comes with higher risks. Key leveraged trading options include:</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Bitcoin (BTC)</strong></li> <li><strong>Ethereum (ETH)</strong></li> <li><strong>Ripple (XRP)</strong></li> <li><strong>ChainLink (LINK)</strong></li> <li><strong>Tether (USDT)</strong></li> </ul> <p> </p> <p style="text-align: justify;">Additionally, Phemex supports various popular DeFi tokens. This includes tokens from decentralized finance projects like:</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Uniswap (UNI)</strong></li> <li><strong>Aave (AAVE)</strong></li> <li><strong>Compound (COMP)</strong></li> </ul> <p> </p> <p style="text-align: justify;">Utilize the diverse range of supported coins on Phemex to tailor your trading strategies to your preferences and risk tolerance.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Order_Types"></span>Phemex Order Types<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;">Phemex offers four types of orders for spot and contract trading: <strong>market order</strong>, <strong>limit order</strong>, <strong>stop order</strong>, and <strong>conditional order</strong>.</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Market Order:</strong> This type of order executes immediately at the best available price. It’s useful when you need to buy or sell quickly without specifying the price.</li> <li><strong>Limit Order:</strong> You set a specific price for buying or selling. The order will only execute at that price or better. This allows you to control the price but may result in partial fills if the market doesn’t reach your limit price.</li> <li><strong>Stop Order:</strong> This order triggers a market order once the price reaches a certain level. It is ideal for setting stop-loss levels to limit potential losses.</li> <li><strong>Conditional Order:</strong> A conditional order triggers a limit or market order when the price hits a certain level. It offers flexibility by combining the features of the other order types.</li> </ul> <p> </p> <p style="text-align: justify;">Phemex also provides some advanced order features to help you manage your trades more effectively:</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Post-Only:</strong> Ensures your order adds liquidity to the order book and doesn’t execute immediately.</li> <li><strong>Reduce-Only:</strong> Only reduce your existing position; never increase it.</li> <li><strong>Close-On-Trigger:</strong> This guarantees that the order will close your position without affecting other orders.</li> <li><strong>Fill-Or-Kill:</strong> Executes immediately and entirely or not at all, ensuring no partial fills.</li> </ul> <p> </p> <p style="text-align: justify;">These options enable you to tailor your trading strategy based on your needs and market conditions.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemexs_Liquidation_Mechanism"></span>Phemex’s Liquidation Mechanism<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;">Liquidation is closing a leveraged position when the margin level falls below a certain threshold, resulting in a loss of the initial investment.</p> <p> </p> <p style="text-align: justify;">Phemex has designed its liquidation mechanism to minimize unnecessary liquidations and protect the insurance fund.</p> <p> </p> <p style="text-align: justify;"><strong>Components of Phemex’s Liquidation Mechanism:</strong></p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Mark Price:</strong> The fair price of the asset, calculated using an index price and a funding rate.</li> <li><strong>Liquidation Price:</strong> The price at which your position will be liquidated, determined by the marked price and leverage level.</li> <li><strong>Bankruptcy Price:</strong> The price where your position will have zero equity, derived from the entry price and leverage.</li> </ul> <p> </p> <p style="text-align: justify;">Phemex employs a partial liquidation system. Your position is liquidated in stages, adapting to market conditions and position size.</p> <p> </p> <p style="text-align: justify;">Additionally, Phemex uses an auto-deleveraging system.</p> <p> </p> <p style="text-align: justify;">This system reduces the positions of profitable traders proportionally when the market or the insurance fund cannot fill liquidated positions.</p> <p> </p> <p style="text-align: justify;">This mechanism helps balance the overall trading environment.</p> <p> </p> <p style="text-align: justify;">Phemex鈥檚 approach with these mechanisms aims to provide a fair trading experience and protect individual traders and the trading ecosystem.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Trading_Fees"></span>Phemex Trading Fees<span class="ez-toc-section-end"></span></h3> <p> </p> <figure class="wp-block-image aligncenter size-large" style="text-align: justify;"><img decoding="async" width="1024" height="346" class="wp-image-7547" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20346'%3E%3C/svg%3E" alt="" data-lazy-srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/09/phemex-fees-1024x346.webp 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/09/phemex-fees-300x101.webp 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/09/phemex-fees-768x260.webp 768w, https://socialcapitalmarkets.net/wp-content/uploads/2024/09/phemex-fees.webp 1396w" data-lazy-sizes="(max-width: 1024px) 100vw, 1024px" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/09/phemex-fees-1024x346.webp" /><noscript><img decoding="async" width="1024" height="346" class="wp-image-7547" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/09/phemex-fees-1024x346.webp" alt="" srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/09/phemex-fees-1024x346.webp 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/09/phemex-fees-300x101.webp 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/09/phemex-fees-768x260.webp 768w, https://socialcapitalmarkets.net/wp-content/uploads/2024/09/phemex-fees.webp 1396w" sizes="(max-width: 1024px) 100vw, 1024px" /></noscript></figure> <p> </p> <p style="text-align: justify;">Phemex charges distinct fees depending on the type of trading you engage in.</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li>For <strong>spot trading</strong>, the platform imposes a flat fee of 0.1% for both makers and takers.</li> <li>In <strong>contract trading</strong>, fees vary. Maker fees start at 0.01%, and taker fees start at 0.06%.</li> </ul> <p> </p> <p style="text-align: justify;">When engaging in <strong>leveraged trading</strong>, the fees depend on the contract type and leverage level.</p> <p> </p> <h4 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Fee_Structure_Overview"></span>Fee Structure Overview<span class="ez-toc-section-end"></span></h4> <p> </p> <figure class="wp-block-table" style="text-align: justify;"> <table class="has-fixed-layout"> <thead> <tr> <th>Trading Type</th> <th>Maker Fee</th> <th>Taker Fee</th> </tr> </thead> <tbody> <tr> <td>Spot Trading</td> <td>0.1%</td> <td>0.1%</td> </tr> <tr> <td>Contract Trading</td> <td>0.01%</td> <td>0.06%</td> </tr> </tbody> </table> </figure> <p> </p> <p style="text-align: justify;">Phemex also charges a <strong>funding fee</strong> for contract and leveraged trading.</p> <p> </p> <p style="text-align: justify;">This fee is a periodic payment between long and short positions based on the difference between the mark and spot prices.</p> <p> </p> <p style="text-align: justify;">You can use zero-fee trading if you subscribe to Phemex’s <strong>premium membership</strong>. The premium membership requires you to pay a monthly or annual subscription fee.</p> <p> </p> <p style="text-align: justify;">This structure ensures transparency and competitiveness, making Phemex a compelling choice for cost-effective trading solutions.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Funding_RatesFees"></span>Phemex Funding Rates/Fees<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;"><strong>The funding rate</strong> is a mechanism used to maintain the contract price close to the spot price of an asset.</p> <p> </p> <p style="text-align: justify;">This rate is determined by the difference between the mark and spot prices and is adjusted every eight hours.</p> <p> </p> <p style="text-align: justify;"><strong>Key Points about Funding Rates:</strong></p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li>Funding rates can be <em>positive</em> or <em>negative</em>.</li> <li>If the funding rate is positive, long positions pay short positions.</li> <li>If the funding rate is negative, short positions pay for long positions.</li> <li>The payment is applied to the聽<span style="box-sizing: border-box; margin: 0; padding: 0; text-align: left;"><em>position’s notional value</em></span>, calculated by multiplying the number of contracts with the contract size.</li> </ul> <p> </p> <p style="text-align: justify;"><strong>Example of Funding Rate Calculation:</strong></p> <p> </p> <ol class="wp-block-list" style="text-align: justify;"> <li>Assume you hold 100 BTCUSD contracts with a contract size of 1.</li> <li>If the funding rate is 0.01%, and the notional value is $100,000, you would either pay or receive $10.</li> </ol> <p> </p> <p style="text-align: justify;"><strong>Funding Rate Schedule:</strong></p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li>Adjustments occur every 8 hours.</li> <li>Payments are made thrice daily, providing opportunities to profit or incur losses based on your position and the prevailing funding rate.</li> </ul> <p> </p> <p style="text-align: justify;">It’s important to note that funding rates are not fees Phemex charges.</p> <p> </p> <p style="text-align: justify;">Instead, they are part of the derivatives trading system designed to ensure the contract price stays in sync with the spot price. Monitor these rates closely to understand their impact on your trading positions.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Deposit_Withdrawal_Fees"></span>Phemex Deposit & Withdrawal Fees<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;">Phemex does not charge any deposit fees for any cryptocurrency.</p> <p> </p> <p style="text-align: justify;">This means you can move your funds to the platform without additional cost.</p> <p> </p> <p style="text-align: justify;">Withdrawal fees are in place for most cryptocurrencies and vary depending on the type and amount. Below is a brief table showcasing some of the withdrawal fees you might encounter:</p> <p> </p> <figure class="wp-block-table" style="text-align: justify;"> <table class="has-fixed-layout"> <thead> <tr> <th>Cryptocurrency</th> <th>Withdrawal Fee</th> </tr> </thead> <tbody> <tr> <td>Bitcoin (BTC)</td> <td>0.0005 BTC</td> </tr> <tr> <td>Ethereum (ETH)</td> <td>0.005 ETH</td> </tr> <tr> <td>Litecoin (LTC)</td> <td>0.001 LTC</td> </tr> </tbody> </table> </figure> <p> </p> <p style="text-align: justify;">Minimum withdrawal amounts also vary. Always check the specifics of your chosen cryptocurrency before initiating a withdrawal.</p> <p> </p> <p style="text-align: justify;">Phemex processes withdrawals thrice daily: at 08:00, 16:00, and 24:00 UTC. This schedule ensures the timely and systematic processing of your transactions.</p> <p> </p> <p style="text-align: justify;">To maintain security, Phemex requires you to complete a security verification process before withdrawing funds. This process may include email confirmation, SMS verification, and Google Authenticator.</p> <p> </p> <p style="text-align: justify;">In summary, no deposit fees, withdrawals, or minimum amounts apply. Always be aware of the necessary withdrawals and security measures to ensure a smooth experience on Phemex.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Account_Types_Phemex_KYC_Tiers_Limits"></span>Phemex Account Types & Phemex KYC Tiers & Limits<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;">Phemex offers two types of accounts: <strong>standard</strong> and <strong>premium</strong>.</p> <p> </p> <p style="text-align: justify;">The <strong>standard account</strong> is the default account type for all users. It provides access to all the products and features of Phemex, except for zero-fee trading.</p> <p> </p> <p style="text-align: justify;">The <strong>premium account</strong> is an upgraded option for users who pay a monthly or annual subscription fee. This account offers benefits such as zero-fee trading, priority customer service, trading signals, and educational resources.</p> <p> </p> <p style="text-align: justify;">In addition to account types, Phemex implements three KYC (Know Your Customer) tiers to increase withdrawal limits and enable fiat-to-crypto purchases.</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>KYC Tier 0</strong> <ul class="wp-block-list"> <li>Default tier for all users.</li> <li>No identity verification is required.</li> <li>Daily withdrawal limit of 2 BTC.</li> </ul> </li> <li><strong>KYC Tier 1</strong> <ul class="wp-block-list"> <li>It requires a name, email, and phone number.</li> <li>Increases daily withdrawal limit to 10 BTC.</li> <li>Enables fiat-to-crypto purchases.</li> </ul> </li> <li><strong>KYC Tier 2</strong> <ul class="wp-block-list"> <li>It requires an ID card, passport, driver’s license, a selfie, and proof of address.</li> <li>Increases daily withdrawal limit to 100 BTC.</li> <li>Enables higher fiat-to-crypto limits.</li> </ul> </li> </ul> <p> </p> <p style="text-align: justify;">These account types and KYC tiers provide flexibility and increased security for users, ensuring you can choose the level of access and verification that best suits your needs.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Trading_Platform_Tools"></span>Phemex Trading Platform & Tools<span class="ez-toc-section-end"></span></h3> <p> </p> <figure class="wp-block-image aligncenter size-large" style="text-align: justify;"><img decoding="async" width="1024" height="455" class="wp-image-2743" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20455'%3E%3C/svg%3E" alt="phemex ui" data-lazy-srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui-1024x455.webp 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui-300x133.webp 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui-768x341.webp 768w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui-1536x682.webp 1536w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui.webp 1918w" data-lazy-sizes="(max-width: 1024px) 100vw, 1024px" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui-1024x455.webp" /><noscript><img decoding="async" width="1024" height="455" class="wp-image-2743" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui-1024x455.webp" alt="phemex ui" srcset="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui-1024x455.webp 1024w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui-300x133.webp 300w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui-768x341.webp 768w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui-1536x682.webp 1536w, https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-ui.webp 1918w" sizes="(max-width: 1024px) 100vw, 1024px" /></noscript></figure> <p> </p> <p style="text-align: justify;">Phemex offers a web-based trading platform that is compatible with most browsers and devices.</p> <p> </p> <p style="text-align: justify;">Its user-friendly and customizable interface features various widgets and indicators to suit different trading styles and preferences.</p> <p> </p> <p style="text-align: justify;">You can choose from multiple chart types, such as <strong>candlestick</strong>, <strong>line</strong>, <strong>area</strong>, and <strong>Heikin-Ashi</strong>. Phemex’s platform also supports various time frames, including <strong>1 minute</strong>, <strong>5 minutes</strong>, <strong>15 minutes</strong>, and more.</p> <p> </p> <p style="text-align: justify;">The platform includes several trading tools. These include <strong>trend lines</strong>, <strong>Fibonacci retracements</strong>, <strong>moving averages</strong>, and <strong>Bollinger bands</strong>.</p> <p> </p> <p style="text-align: justify;">You can view critical trading information such as:</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li>Order book</li> <li>Recent trades</li> <li>Open positions</li> <li>Open orders</li> <li>Order history</li> </ul> <p> </p> <p style="text-align: justify;">The platform allows you to place, modify, and cancel orders easily.</p> <p> </p> <p style="text-align: justify;">Additionally, Phemex provides access to the <strong>Phemex Academy</strong>, a comprehensive educational resource covering topics like crypto basics, trading strategies, and risk management.</p> <p> </p> <p style="text-align: justify;">Phemex also offers a mobile app for iOS and Android devices. This app ensures you can trade on the go with the same features and functions as the web-based platform.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Security_Features"></span>Phemex Security Features<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;">Phemex claims to use the highest security standards to protect your funds and data.</p> <p> </p> <p style="text-align: justify;">Phemex employs a <strong>multi-signature cold wallet system</strong> to store most of its assets, ensuring multiple approvals are required to access these funds. This extra layer of security reduces the risk of unauthorized access.</p> <p> </p> <p style="text-align: justify;">For regular transaction processing, Phemex uses a <strong>hot wallet system</strong>. This wallet is frequently replenished from the cold wallet to handle withdrawals efficiently.</p> <p> </p> <p style="text-align: justify;">Phemex implements encryption methods such as <strong>SSL</strong> and <strong>AES-256 to protect your data and communications</strong>. This ensures that your sensitive information remains secure against potential threats.</p> <p> </p> <p style="text-align: justify;">Phemex also offers <strong>two-factor authentication (2FA)</strong>, email verification, and SMS verification for enhanced account security.</p> <p> </p> <p style="text-align: justify;">Additionally, you can enable <strong>anti-phishing codes</strong> and <strong>IP allowlisting</strong> to further safeguard your account from unauthorized access.</p> <p> </p> <p style="text-align: justify;">An <strong>insurance fund</strong> is in place to cover the losses of liquidated positions that the market or the auto-deleveraging system cannot fill.</p> <p> </p> <p style="text-align: justify;">This feature is designed to provide an added layer of protection for traders.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Insurance_Fund"></span>Phemex Insurance Fund<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;">The Phemex insurance fund is designed to provide additional security for traders on the platform. It helps cover losses incurred from unexpected market events, ensuring your investments have a safety net.</p> <p> </p> <p style="text-align: justify;">Phemex aims to protect users from adverse trading scenarios by maintaining this fund.</p> <p> </p> <p style="text-align: justify;">The insurance fund is financed through a small percentage of transaction fees. This ensures a steady growth of resources that can be utilized during critical times.</p> <p> </p> <p style="text-align: justify;">In case of liquidation, the insurance fund is utilized to cover any negative balances resulting from extreme market conditions. This feature provides an extra layer of protection for all users.</p> <p> </p> <p style="text-align: justify;"><strong>Key Features of the Phemex Insurance Fund:</strong></p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Enhanced Security:</strong> Helps mitigate losses during extreme market volatility.</li> <li><strong>Funds Allocation:</strong> Collected through transaction fees.</li> <li><strong>User Protection:</strong> Covers negative balances in liquidation events.</li> </ul> <p> </p> <p style="text-align: justify;">Knowing about the insurance fund reassures you of a safety mechanism, enhancing confidence in trading on Phemex.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Deposit_Methods"></span>Phemex Deposit Methods<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;">When depositing funds on Phemex, you have several options, ensuring flexibility and accessibility.</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Cryptocurrency Deposits</strong></li> </ul> <p> </p> <p style="text-align: justify;">You can deposit a variety of cryptocurrencies. Popular options include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). To deposit, go to your account’s wallet section, select the cryptocurrency, and use the provided address for the transfer.</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Fiat Deposits</strong></li> </ul> <p> </p> <p style="text-align: justify;">Phemex allows fiat deposits, though this may vary based on your location. Supported fiat currencies typically include USD and EUR. You can use methods like bank transfers or credit/debit cards. Always check if there are any applicable fees or restrictions.</p> <p> </p> <ul class="wp-block-list" style="text-align: justify;"> <li><strong>Phemex Savings</strong></li> </ul> <p> </p> <p style="text-align: justify;">For those interested in earning interest on their deposits, Phemex offers a program called Phemex Savings. You can deposit supported crypto assets into this program and earn an annual percentage yield (APY). Available assets and APY rates can be found in the Phemex Savings section.</p> <p> </p> <p style="text-align: justify;"><strong>Steps for Crypto Deposits</strong></p> <p> </p> <ol class="wp-block-list" style="text-align: justify;"> <li><strong>Log In</strong>: Access your Phemex account.</li> <li><strong>Wallet</strong>: Navigate to the wallet section.</li> <li><strong>Select Asset</strong>: Choose the cryptocurrency to deposit.</li> <li><strong>Copy Address</strong>: Copy the deposit address provided.</li> <li><strong>Transfer</strong>: Send the cryptocurrency to this address.</li> </ol> <p> </p> <p style="text-align: justify;">Double-check the address and ensure the correct network is used for transfers to avoid any loss of funds.</p> <p> </p> <p style="text-align: justify;"><strong>Supported Cryptocurrencies for Deposit</strong></p> <p> </p> <figure class="wp-block-table" style="text-align: justify;"> <table class="has-fixed-layout"> <thead> <tr> <th>Cryptocurrency</th> <th>Ticker</th> </tr> </thead> <tbody> <tr> <td>Bitcoin</td> <td>BTC</td> </tr> <tr> <td>Ethereum</td> <td>ETH</td> </tr> <tr> <td>Tether</td> <td>USDT</td> </tr> </tbody> </table> </figure> <p> </p> <p style="text-align: justify;">By providing multiple deposit options, Phemex ensures you have convenient ways to fund your trading and investment activities.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Phemex_Customer_Support"></span>Phemex Customer Support<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;">Phemex provides customer support through various channels, ensuring you have multiple ways to get assistance. <strong>Email, live chat, phone, and social media</strong> can reach the support team.</p> <p> </p> <p style="text-align: justify;">The customer support team is available 24/7. You can get help any time, whether it’s day or night.</p> <p> </p> <p style="text-align: justify;">Phemex offers support in multiple languages, including <strong>English, Chinese, Japanese, and Korean</strong>. This is useful if you need assistance in your preferred language.</p> <p> </p> <p style="text-align: justify;">The support team is trained to handle various issues. These include <strong>technical problems, account verification, and deposit and withdrawal issues</strong>.</p> <p> </p> <p style="text-align: justify;">Responsiveness and professionalism are key attributes of the Phemex support team. You can expect timely and practical solutions to your inquiries.</p> <p> </p> <p style="text-align: justify;">For premium members, there are added benefits. These include <strong>priority customer service</strong>, exclusive trading signals, and access to educational resources.</p> <p> </p> <p style="text-align: justify;">Customer feedback is taken seriously. The support team provides valuable feedback and suggestions to the development team to improve the platform and enhance user satisfaction.</p> <p> </p> <p style="text-align: justify;">With these robust support options, Phemex aims to provide all its traders with a reliable and user-friendly experience.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Is_Phemex_a_Legal_Safe_Platform"></span>Is Phemex a Legal & Safe Platform?<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;">Phemex is a legal and registered Singapore company known for its crypto-friendly environment.</p> <p> </p> <p style="text-align: justify;">The platform complies with local laws and regulations. It cooperates with authorities when necessary to ensure full legal compliance.</p> <p> </p> <p style="text-align: justify;">Phemex follows industry best practices, implementing Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. These measures help prevent fraud and money laundering.</p> <p> </p> <p style="text-align: justify;">Since launching in 2023, Phemex has not faced any hacks or compromises. This track record contributes to its positive reputation within the crypto community.</p> <p> </p> <p style="text-align: justify;">Phemex offers a transparent trading environment. There are no hidden fees, market manipulation, or conflicts of interest.</p> <p> </p> <p style="text-align: justify;"><div class="su-button-center"><a href="https://socialcapitalmarkets.net/recommends/phemex/" class="su-button su-button-style-soft" style="color:#FFFFFF;background-color:#E1341E;border-color:#b42a18;border-radius:14px" target="_blank" rel="nofollow" title="Try Phemex Now"><span style="color:#FFFFFF;padding:0px 34px;font-size:25px;line-height:50px;border-color:#ea7162;border-radius:14px;text-shadow:none"> Try Phemex Now</span></a></div> <p> </p> <p style="text-align: justify;">聽</p> <p> </p> <h3 class="wp-block-heading" style="text-align: justify;"><span class="ez-toc-section" id="Conclusion"></span>Conclusion<span class="ez-toc-section-end"></span></h3> <p> </p> <p style="text-align: justify;">Phemex is a fast, reliable, user-friendly leverage cryptocurrency exchange supporting spot, contract, and leveraged trading. It offers savings accounts, yield farming, and credit card purchases for convenience.</p> <p> </p> <p style="text-align: justify;">The platform stands out with competitive fees, zero-fee trading for premium members, and advanced features like multiple order types and auto-deleveraging. Phemex prioritizes security and complies with local regulations, ensuring a safe trading environment.</p> <p> </p> <p style="text-align: justify;">Whether you’re a beginner or an experienced trader, Phemex provides the tools and features for a comprehensive trading experience.</p> <div class="wptb-table-container wptb-table-7903"><div class="wptb-table-container-matrix" id="wptb-table-id-7903" data-wptb-version="1.6.3" data-wptb-pro-status="false"><table class="wptb-preview-table wptb-element-main-table_setting-7903" style="border-spacing: 3px 3px; border: 2px solid rgb(20, 20, 20); " data-reconstraction="1" 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data-mce-style="text-align: center;"><strong>Our 2024's Recommendation<br></strong></p></div></div><div class="wptb-image-container wptb-ph-element wptb-element-image-1" data-wptb-image-alignment: center data-wptb-image-size-relative: container style=""><div class="wptb-image-wrapper"><a href="https://socialcapitalmarkets.net/recommends/phemex/" rel="nofollow" class="wptb-link-target" style="float: none; width: 100%; "><img fetchpriority="high" decoding="async" class="wptb-image-element-target" height="567" width="1081" src="https://socialcapitalmarkets.net/wp-content/uploads/2024/06/phemex-exchange.webp" style="width: 100%"></a></div></div><div class="wptb-star_rating-container wptb-ph-element wptb-element-star_rating-1" data-star-count="5" style=""><div class="wptb-rating-stars-box"><ul class="wptb-rating-stars-list"><li style="width: ; height: " data-value="3" class="wptb-rating-star wptb-rating-star-selected-full"><span class="wptb-rating-star-left-signal-part"></span><span 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xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewbox="0 0 426.667 426.667" style="enable-background: new 0 0 426.667 426.667; fill: ;" xml:space="preserve"><path d="M426.667,165.12L273.28,151.893L213.333,10.667l-59.947,141.44L0,165.12l116.48,100.907L81.493,416l131.84-79.573L345.173,416L310.4,266.027L426.667,165.12z M213.333,296.533L133.12,344.96l21.333-91.307l-70.827-61.44l93.44-8.107l36.267-85.973l36.48,86.187l93.44,8.107l-70.827,61.44l21.333,91.307L213.333,296.533z"></path></svg></span><span class="wptb-half-filled-rating-star"><svg version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewbox="0 0 426.667 426.667" style="enable-background: new 0 0 426.667 426.667; fill: ;" xml:space="preserve"><path d="M426.667,165.12L273.28,151.893L213.333,10.667l-59.947,141.44L0,165.12l116.48,100.907L81.493,416l131.84-79.573L345.173,416L310.4,266.027L426.667,165.12z M213.333,296.533v-198.4l36.48,86.187l93.44,8.107l-70.827,61.44l21.333,91.307L213.333,296.533z"></path></svg></span><span class="wptb-rating-star-right-signal-part"></span></li></ul><div class="wptb-number-rating-box" style="display: none"><div class="wptb-number-rating" style="font-size: 25px; line-height: 25px; height: 25px; ">5/5</div></div></div></div></td><td class="wptb-cell " style="border: 1px none rgb(20, 20, 20); " data-y-index="0" data-x-index="1" data-wptb-css-td-auto-width="true" data-wptb-cell-vertical-alignment="center"><div class="wptb-list-container wptb-ph-element wptb-element-list-1" style=""><ul><li class="wptb-in-element" style="margin-bottom: 5px; "><div class="wptb-list-item-content" style="position: relative"><p data-list-style-type-index="1." style="color: rgb(74, 85, 104); font-size: 16px; text-align: left; " class="wptb-list-style-type-square">Upto <strong>100x</strong> Leverage for BTC</p></div><div class="wptb-m-tooltip" style=""></div></li><li class="wptb-in-element" style="margin-bottom: 5px; "><div class="wptb-list-item-content" style="position: relative"><p data-list-style-type-index="2." style="color: rgb(74, 85, 104); font-size: 16px; text-align: left; " class="wptb-list-style-type-square">Provides <strong>BTC and USD settling</strong></p></div><div class="wptb-m-tooltip" style=""></div></li><li class="wptb-in-element" style="margin-bottom: 5px; "><div class="wptb-list-item-content" style="position: relative"><p data-list-style-type-index="3." style="color: rgb(74, 85, 104); font-size: 16px; text-align: left; " class="wptb-list-style-type-square"><strong>Taker：</strong>0.075% <strong>Maker：</strong>-0.025%</p></div><div class="wptb-m-tooltip" style=""></div></li><li class="wptb-in-element" style="margin-bottom: 5px; "><div class="wptb-list-item-content" style="position: relative"><p data-list-style-type-index="4." style="color: rgb(74, 85, 104); font-size: 16px; text-align: left; " class="wptb-list-style-type-square">Support <strong>orders & positions </strong></p></div><div class="wptb-m-tooltip" style=""></div></li></ul></div><div class="wptb-button-container wptb-ph-element wptb-element-button-1 edit-active" style=""><div class="wptb-button-wrapper wptb-size-xl" style="justify-content: center"><a class="wptb-link-target" id="" style="width: 100%;" href="https://socialcapitalmarkets.net/recommends/phemex/" target="_blank" rel="nofollow"><div class="wptb-button wptb-plugin-button-order-left" style="position: relative;border-radius: 5px; background-color: #d02321; color: rgb(255, 255, 255); justify-content: center; " data-wptb-element-bg-color="#d02321" data-wptb-element-color="rgb(255, 255, 255)" data-wptb-element-hover-bg-color="#c00102" data-wptb-element-hover-text-color="null" data-wptb-element-hover-scale="1.1"><p style="font-size: 15px; margin-inline: auto !important;"><strong>Claim Your $8,800 Bonus</strong></p><div class="wptb-button-icon" data-wptb-button-icon-src="" data-wptb-element-hover-bg-color="#c00102" data-wptb-element-hover-text-color="null" data-wptb-element-hover-scale="1.1" style="width: 25px; height: 25px"></div><div class="wptb-button-label" style="display: none; " data-wptb-element-hover-bg-color="#c00102" data-wptb-element-hover-text-color="null" data-wptb-element-hover-scale="1.1"><div class="wptb-button-label-decorator" data-wptb-element-hover-bg-color="#c00102" data-wptb-element-hover-text-color="null" data-wptb-element-hover-scale="1.1" style="border-color: rgba(0, 0, 0, 0) #ffffff rgba(0, 0, 0, 0) rgba(0, 0, 0, 0);"><br></div><div class="wptb-button-label-text" data-wptb-element-hover-bg-color="#c00102" data-wptb-element-hover-text-color="null" data-wptb-element-hover-scale="1.1"><br></div></div></div></a></div></div></td></tr></tbody></table></div></div> <p style="text-align: justify;"><strong>Check how Phemex stands up against its competition:</strong></p> <p> </p> <ul class="wp-block-list"> <li><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/phemex-vs-kraken/">Phemex vs Kraken</a></li> <li><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/bingx-vs-phemex/">Phemex vs BingX</a></li> <li><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/phemex-vs-binance/">Phemex vs Binance</a></li> <li><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/bybit-vs-phemex/">Phemex vs Bybit</a></li> <li><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/phemex-vs-mexc/">Phemex vs MEXC</a></li> </ul> <p></p> <div class="share_on "> <div class="share_on_button"> <p>Share on:</p> </div> <div class="share_on_wrapper"> <div> <a href="https://www.facebook.com/sharer/sharer.php?u=https://socialcapitalmarkets.net/crypto-trading/futures/platforms/phemex-review/" target="_blank" rel="nofollow" class="social-icon-box"> <img 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data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/07/sudhir-khatwani_avatar-150x150.png"/><noscript><img alt='' src='https://socialcapitalmarkets.net/wp-content/uploads/2024/07/sudhir-khatwani_avatar-150x150.png' srcset='https://socialcapitalmarkets.net/wp-content/uploads/2024/07/sudhir-khatwani_avatar-300x300.png 2x' class='avatar avatar-150 photo' height='150' width='150' decoding='async'/></noscript> </div> <div> <h4><a href="https://socialcapitalmarkets.net/author/sudhir/">Sudhir Khatwani</a></h4> </div> </div> <div class="author_portio_social"> <div> <a href="https://twitter.com/sudhirkhatwani?lang=en" target="_blank"><img width="33" height="33" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%2033%2033'%3E%3C/svg%3E" data-lazy-src="https://socialcapitalmarkets.net/wp-content/uploads/2024/04/x-icone.svg"><noscript><img width="33" height="33" 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His technical expertise and analytical skills have been instrumental in delivering high-impact solutions within the financial sector. His expertise in digital assets and blockchain technology was further honed through his previous role as a content strategist for the prominent cryptocurrency exchange, CoinSwitch.</p> </div> </div> </div> </div> <div class="col-md-4 "> <div class="scm-siderbar-col"> <li id="block-40" class="widget widget_block"><style></style> <div class="wp-block-kadence-accordion alignnone"><div class="kt-accordion-wrap kt-accordion-idblock-40_d39fc4-c1 kt-accordion-has-3-panes kt-active-pane-0 kt-accordion-block kt-pane-header-alignment-left kt-accodion-icon-style-arrow kt-accodion-icon-side-right" style="max-width:none"><div class="kt-accordion-inner-wrap" data-allow-multiple-open="false" data-start-open="0"> <div class="wp-block-kadence-pane kt-accordion-pane kt-accordion-pane-1 kt-pane5550fa-57"><div class="kt-accordion-header-wrap"><button class="kt-blocks-accordion-header kt-acccordion-button-label-show"><span class="kt-blocks-accordion-title-wrap"><span class="kt-blocks-accordion-title">Getting Started</span></span><span class="kt-blocks-accordion-icon-trigger"></span></button></div><div class="kt-accordion-panel kt-accordion-panel-hidden"><div class="kt-accordion-panel-inner"><div class="widget widget_nav_menu"><div class="menu-sidebar-getting-started-container"><ul id="menu-sidebar-getting-started" class="menu"><li id="menu-item-2039" class="menu-item menu-item-type-post_type menu-item-object-page current-page-ancestor menu-item-2039"><a href="https://socialcapitalmarkets.net/crypto-trading/">What is Crypto Trading for Beginners?</a></li> <li id="menu-item-6476" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6476"><a href="https://socialcapitalmarkets.net/crypto-trading/types-of-crypto-trading/">Types of Crypto Trading</a></li> <li id="menu-item-6478" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6478"><a 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menu-item-object-custom menu-item-6506"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/best-crypto-coins-for-futures-trading/">Best Coin for Futures Trading</a></li> <li id="menu-item-6505" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6505"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/profitable/">Is Crypto Futures Trading Profitable</a></li> <li id="menu-item-6488" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6488"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/vs-margin-trading/">Crypto Futures vs Margin Trading</a></li> <li id="menu-item-6507" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6507"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/vs-options/">Crypto Futures vs Options</a></li> <li id="menu-item-6496" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6496"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/vs-spot/">Crypto Futures vs Spot</a></li> <li id="menu-item-6487" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6487"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/expiry-date/">Crypto Futures Expiry Date</a></li> <li id="menu-item-6508" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6508"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/halal-or-haram/">Is Crypto Futures Trading Halal</a></li> <li id="menu-item-13222" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-13222"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/making-money/">How to Make Money Trading Crypto Futures</a></li> <li id="menu-item-13223" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-13223"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/contract-types/inverse-vs-usdt-perpetual/">Inverse Perpetual vs USDT Perpetual</a></li> <li id="menu-item-13224" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-13224"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/australia/">Best Crypto Futures Trading Platform Australia</a></li> </ul></div></div></div></div></div> <div class="wp-block-kadence-pane kt-accordion-pane kt-accordion-pane-2 kt-pane1d5e1a-3c"><div class="kt-accordion-header-wrap"><button class="kt-blocks-accordion-header kt-acccordion-button-label-show"><span class="kt-blocks-accordion-title-wrap"><span class="kt-blocks-accordion-title">Leverage Trading Guides</span></span><span class="kt-blocks-accordion-icon-trigger"></span></button></div><div class="kt-accordion-panel kt-accordion-panel-hidden"><div class="kt-accordion-panel-inner"><div class="widget widget_nav_menu"><div class="menu-leverage-trading-guides-container"><ul id="menu-leverage-trading-guides" class="menu"><li id="menu-item-6511" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6511"><a href="https://socialcapitalmarkets.net/crypto-trading/leverage/how-to/">How to Leverage Trade Crypto</a></li> <li id="menu-item-13173" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-13173"><a href="https://socialcapitalmarkets.net/crypto-trading/leverage/platforms/usa/">Crypto Margin Trading USA</a></li> <li id="menu-item-13174" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-13174"><a href="https://socialcapitalmarkets.net/crypto-trading/leverage/crypto-margin-trading-exchanges/">Best Crypto Margin Trading Exchanges</a></li> <li id="menu-item-6517" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6517"><a href="https://socialcapitalmarkets.net/crypto-trading/leverage/strategies/">Crypto Leverage Trading Strategies</a></li> <li id="menu-item-6510" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6510"><a href="https://socialcapitalmarkets.net/crypto-trading/leverage/calculations/">How to Calculate Crypto Leverage</a></li> <li id="menu-item-6514" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6514"><a href="https://socialcapitalmarkets.net/crypto-trading/leverage/profitable/">Is Crypto Leverage Trading Profitable</a></li> <li id="menu-item-6516" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6516"><a href="https://socialcapitalmarkets.net/crypto-trading/leverage/200x-500x-1000x/">What is 100x Leverage in Crypto</a></li> <li id="menu-item-6513" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-6513"><a href="https://socialcapitalmarkets.net/crypto-trading/leverage/halal-or-haram/">Is Crypto Leverage Trading Halal</a></li> </ul></div></div></div></div></div> </div></div></div> </li><li id="block-50" class="widget widget_block"><style></style><nav class="wp-block-kadence-tableofcontents kb-table-of-content-nav kb-table-of-content-idblock-50_210702-a0" role="navigation" aria-label="Table of Contents"><div class="kb-table-of-content-wrap"><div class="kb-table-of-contents-title-wrap kb-toggle-icon-style-arrow"><span class="kb-table-of-contents-title">Table of Contents</span></div><ul class="kb-table-of-content-list kb-table-of-content-list-columns-1 kb-table-of-content-list-style-disc kb-table-of-content-link-style-underline"><li><a class="kb-table-of-contents__entry" href="#product-offerings-what-is-phemex-exchange-all-about">Product Offerings: What Is Phemex Exchange All About?</a><ul class="kb-table-of-contents-list-sub"><li><a class="kb-table-of-contents__entry" href="#phemex-supported-coin-list">Phemex Supported Coin List</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-order-types">Phemex Order Types</a></li><li><a class="kb-table-of-contents__entry" href="#phemexs-liquidation-mechanism">Phemex's Liquidation Mechanism</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-trading-fees">Phemex Trading Fees</a><ul class="kb-table-of-contents-list-sub"><li><a class="kb-table-of-contents__entry" href="#fee-structure-overview">Fee Structure Overview</a></li></ul></li><li><a class="kb-table-of-contents__entry" href="#phemex-funding-ratesfees">Phemex Funding Rates/Fees</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-deposit--withdrawal-fees">Phemex Deposit & Withdrawal Fees</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-account-types--phemex-kyc-tiers--limits">Phemex Account Types & Phemex KYC Tiers & Limits</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-trading-platform--tools">Phemex Trading Platform & Tools</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-security-features">Phemex Security Features</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-insurance-fund">Phemex Insurance Fund</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-deposit-methods">Phemex Deposit Methods</a></li><li><a class="kb-table-of-contents__entry" href="#phemex-customer-support">Phemex Customer Support</a></li><li><a class="kb-table-of-contents__entry" href="#is-phemex-a-legal--safe-platform">Is Phemex a Legal & Safe Platform?</a></li><li><a class="kb-table-of-contents__entry" href="#conclusion">Conclusion</a></li></ul></li></ul></div></nav></li> </div> </div> </div> </div> </div> </div> <footer data-wpr-lazyrender="1" id="colophon" class="site-footer" role="contentinfo"> <div class="site-footer-wrap"> <div class="site-top-footer-wrap site-footer-row-container site-footer-focus-item site-footer-row-layout-standard site-footer-row-tablet-layout-default site-footer-row-mobile-layout-default" data-section="kadence_customizer_footer_top"> <div class="site-footer-row-container-inner"> <div 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href="https://socialcapitalmarkets.net/crypto-trading/ai-crypto-coins/">Top 10 AI Crypto Coins</a></li> </ul></div></section> </div> </div> </div> <div class="site-footer-top-section-2 site-footer-section footer-section-inner-items-1"> <div class="footer-widget-area widget-area site-footer-focus-item footer-widget2 content-align-default content-tablet-align-default content-mobile-align-default content-valign-default content-tablet-valign-default content-mobile-valign-default" data-section="sidebar-widgets-footer2"> <div class="footer-widget-area-inner site-info-inner"> <section id="block-36" class="widget widget_block"> <h4 class="wp-block-heading">Guides</h4> </section><section id="nav_menu-7" class="widget widget_nav_menu"><div class="menu-promo-codes-container"><ul id="menu-promo-codes" class="menu"><li id="menu-item-43" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-43"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/bybit-review/referral-code/">Bybit Referral Code</a></li> <li id="menu-item-4631" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-4631"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/phemex-review/invitation-code/">Phemex Invite Code</a></li> <li id="menu-item-4632" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-4632"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/bingx-review/referral-code/">Bingx Referral Code</a></li> </ul></div></section> </div> </div> </div> <div class="site-footer-top-section-3 site-footer-section footer-section-inner-items-1"> <div class="footer-widget-area widget-area site-footer-focus-item footer-widget3 content-align-default content-tablet-align-default content-mobile-align-default content-valign-default content-tablet-valign-default content-mobile-valign-default" 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<li id="menu-item-4625" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-4625"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/bybit-vs-kraken/">Bybit vs Kraken</a></li> <li id="menu-item-4626" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-4626"><a href="https://socialcapitalmarkets.net/crypto-trading/futures/platforms/bybit-vs-kucoin/">Bybit vs KuCoin</a></li> </ul></div></section> </div> </div> </div> <div class="site-footer-top-section-4 site-footer-section footer-section-inner-items-1"> <div class="footer-widget-area widget-area site-footer-focus-item footer-widget4 content-align-default content-tablet-align-default content-mobile-align-default content-valign-default content-tablet-valign-default content-mobile-valign-default" data-section="sidebar-widgets-footer4"> <div class="footer-widget-area-inner site-info-inner"> <section id="block-38" class="widget widget_block"> <h4 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